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Dianor to Issue 7,269,555 Shares in Connection with Initial $500,000 Draw Down Under Equity Line of Credit
Oct. 07, 2010 03:52PM PST
Diamond InvestingDianor Resources Inc. (CVE:DOR) announced that it will issue 7,269,555 common shares to Kodiak Capital Group, LLC in connection with Dianor’s previously-announced initial draw down of $500,000 under its equity line of credit with Kodiak Capital.
Dianor Resources Inc. (TSXV:DOR) announced that it will issue 7,269,555 common shares to Kodiak Capital Group, LLC in connection with Dianor’s previously-announced initial draw down of $500,000 under its equity line of credit with Kodiak Capital.
The press release is quoted as saying:
Dianor is an innovative exploration company focused on advancing diamond exploration properties in the Superior Craton of Canada. The Leadbetter Diamond Project is its most advanced project and is geographically well situated and easily accessible, some 12 kilometres north east of Wawa in Northern Ontario.
Click here to access the entire press release